40
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26 Terri Lee Lane
About This Property
The finished walk-out lower level includes 2 bedrooms and 2 full baths, ideal for guests, extended family, or a home office. The attached 2-car garage offers approximately 400 sq. ft. of space, while the generous lot provides potential for future expansion, subject to municipal approval. Central air conditioning and forced-air heating provide year-round comfort. A unique opportunity to enjoy space, privacy, and versatility in an established residential neighborhood.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 27, 2026 | In contract | - | |
| In contract | |||
| Oct 5, 2026 | Listed by Keller Williams Hudson Valley | $999,000 | |
| Listed by Keller Williams Hudson Valley | |||
| Sep 16, 2009 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017